Gloria Nilson & Co. Real Estate Supports Old and New Properties Alike

July 11, 2018

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One point about finding real estate in southern New Jersey and Philadelphia is that there are many old and new properties for people to look for. While there are plenty of new construction projects popping up throughout the area, there are also plenty of older spaces that deserve to be noticed. The Gloria Nilson & Co. Real Estate group is helping people to see all of these properties to help them find places they might be interested in using for their real estate desires.

How Old Can the Properties Be?

The ages of the properties you might consider should be reviewed so you have an idea of what to expect out of a neighborhood. Some places around southern New Jersey were built as far back as the 1960s while others were built within this decade.

The older properties can be found in traditionally planned neighborhoods. Newer spaces are located in more elaborate subdivisions that feature more access to many commercial and work spaces.

Does Age Matter?

An interesting part of finding real estate in the area is that age is not always going to impact a home’s value. The key is for a property to simply be built to last and for it to be easy to modify and upgrade over time. In fact, many older homes may be more valuable than newer ones thanks to them having been updated and being in markets that have proven to be worthwhile.

Think About Renovations

Sometimes an older property might have a lower value attached to it because it is a place that needs to be renovated. You can talk with a Nilson & Co. agent about the things that can be done in a property to improve upon its condition and its value. The renovations that can occur are popular points among those interested in the house flipping scene, but this can be just as important for people who want to find homes that they can live in and trust for years to come.

You can discuss renovation costs when finding an older space. This might help with managing the cost of the property and preparing a new plan for paying it off without spending more money than needed.

Consider the Materials

Some older properties might feature construction materials that may be seen as outdated. But some older places have been refurbished in many ways. These include spots where lead paint or asbestos was removed or spots where supports were replaced with new items. Talk with a real estate agent to see what things have been done at an older property so you know what to expect out of the place.

Talk with Gloria Nilson & Co. Real Estate to learn more about the real estate services you can utilize when finding homes for sale in the region. You can contact the team for help with finding any property of interest to you whether it is an older or newer place of value to you.